29 George St, Aurora, Ontario L4G 2S1
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Highlights
Estimated ValueThis is the price Wahi expects this property to sell for.
The calculation is powered by our Instant Home Value Estimate, which uses current market and property price trends to estimate your home’s value with a 90% accuracy rate.$1,292,000*
Price/Sqft-
Days On Market75 days
Est. Mortgage$9,397/mth
Tax Amount (2023)$6,065/yr
Description
25 & 29 George Street, Aurora - #25 Is 3 Storey Multi-Residential 8 Unit Apartment Building And #29 Is An Adjacent Residential Vacant Single Detached Dwelling With An Approx. Total Lot Size of 126 x 200 Feet (0.53 Acres). The Entire Site Is Proposed For A Zoning By-law Amendment to Permit A Development of 4 Storey Apartment Building With 26 Units in Addition to the Existing 8 Unit, 3 Storey Apartment Building on the Subject Lands, With a Total of 42 Parking Spaces And 34 Residential Units. The Proposed Development Will Consist Of 42,162 SF in Gross Floor Area. The Existing Apartment Building Has 7 - 2 Bedroom Units And 1 - 1 Bedroom Unit. All Units Are Renovated & Updated. Shared Laundry in Basement. All Tenants Are Month to Month Basis. Current Cap Rate Is About 5.1% - Potential to Increase Cap Rate to 7% Based On Average Current Market Rents In the Area. Tenants Pay Their Own Hydro And Landlord Pays For Gas And Water.
Property Details
Interior
Features
Main Floor
Living
5.44 x 3.91French Doors / Hardwood Floor
Dining
4.05 x 3.46W/O To Deck / Hardwood Floor
Kitchen
4.08 x 3.45O/Looks Garden
Exterior
Features
Parking
Garage spaces -
Garage type -
Other parking spaces 6
Total parking spaces 6
Property History
![history photo preview](https://cdn.wahi.com/listings/images/trreb/IMG-N8335382_1-256.webp)
![history photo preview](https://cdn.wahi.com/listings/images/trreb/IMG-N2342954_1-256.webp)
![history photo preview](https://cdn.wahi.com/listings/images/trreb/IMG-N2155280_1-256.webp)
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